Josh Brown
๐ค SpeakerAppearances Over Time
Podcast Appearances
on all the memory stocks and whatever.
I think they're probably kicking ass.
But my sense is that this particular moment in time did not bring in new investors the same way that 2021 did.
It is weird to have these competing thoughts in your brain.
It's like...
Okay, I agree with you.
If you were to ask the average viewer, I don't know if we could drop a poll in the chat, but is now the time to buy Micron?
I'm guessing like an 87% of people say no, maybe even 97% of people say no.
So it's weird to say that there's like still skepticism in the market when you see prices quadruply, like how could those two things be?
But I think it's like a nuance that is extremely important to understand.
It's hard to speak for the general public.
I would say for you two, like, no, you guys know that this, you're not gonna have 20% gains every single year.
We're more informed.
We're more informed.
And also it's a much more financialized economy.
Like the stock market is so prevalent today in ways that it wasn't during the past.
So for example, pull up this bespoke chart.
So they show, here's the current bull market, the red line, charted against the nine other bulls since 1928 that lasted a thousand days.
Matt, how do you think they did this?
Do you think they ended the lines when there was a 20% decline?